Phoenix
Glendale Office Property Picked by Woodside
Woodside, a Texas investment firm, acquired the Talavi Corporate Center for $9.3 million or $153K/foot in an all-cash transaction. The… Read more
Walton Global to Demo, Redevelop PV’s Smoke Tree Resort
The shuttered Smoke Tree Resort in Paradise Valley will be demolished to make way for an 82-room resort and on-site… Read more
New Phoenix Hotel Blends in Historic Building
Anish Hotel Group decided it liked the old Fuller Paint Company building in downtown Phoenix. The building now hosts the… Read more
Nominate the Year’s Top Leasing and Sales Brokers
2023 was a challenging year in commercial real estate, yet the industry’s leading dealmakers got it done. Do you know a… Read more
Phoenix Tops Nation in Manufacturing Plant Growth
Phoenix expects at least 14 major manufacturing facilities in the coming years, most in the country, says global real estate… Read more
Desert Diamond Planning $40M Overhaul
The Glendale entertainment venue is coming off a record year and wants to ensure it stays on top of its… Read more
La Quinta Retail Sells for 147% Total Return to DST Investors
Capital Square, a sponsor of tax-advantaged real estate investments and an active developer and manager of housing communities, has sold… Read more
Massive Master-Planned Community Planned for NW Arizona
A Las Vegas developer, Allan Barbarich, is banking on the pot of gold at the end of the I-11 rainbow.… Read more
W. Phoenix Shopping Center Sells for $59M
The Palm Valley Pavilions West shopping center in Goodyear sold for $59 million. The Phoenix Business Journal reports that makes it one… Read more
EV Maker to Sublease Recently Leased Industrial Space
ElectraMeccanica has had its ups and downs of late. The result is its decision to sublease a 200,000-square-foot industrial space… Read more
Troubled Phoenix-Area Sports Park Changes Hands, Name
Legacy Sports Park is no more. The embattled multi-platform sports facility has new owners and a new name. AZ Athletic… Read more
Small Town Eloy Lands Hospital
In high-growth states like Arizona, even small towns score hospitals, knowing that the explosive growth will be enough for the… Read more
Phoenix Industrial Growth Inspiring Amenity Options
It’s not much of a secret that Phoenix’s industrial building market has exploded. It’s the second most active market in… Read more
Fore Sells Glendale Rental Asset for $86M
Pillar Communities acquired Cuvee, a 310-unit multifamily community in Glendale, in an $86 million ($277K/unit) transaction. Fore Property Company sold… Read more
Amkor Adding $2B Factory, 2,000 Jobs to Phoenix
Amkor plans to construct a packaging and testing facility in Peoria. Amkor estimates it will invest around $2 billion and… Read more
Nashville-Area Apartments Trade for $335K/Unit
Weinstein Properties paid $114.57 million for the Bexley Stockyards apartments in Germantown, outside Nashville. The sale was accompanied by a… Read more
Phoenix’s Central Park Seeking P&Z OK
Central Park would be made up of a 21-story residential tower; an 18-story office tower; a market/grocer space with an… Read more
Sam Fox’s 141-Room Global Ambassador Opens Doors
Sam Fox is known for his hand in the success of nearly a dozen restaurant concepts, Zinburger, Culinary Dropout, Sauce,… Read more
BWE Arranges Construction Loan for Phoenix-Area Industrial Project
BWE has secured a $29 million first mortgage construction loan for Echo Park @ P132, a four-building, 183,000-square-foot industrial property… Read more